After weeks of consolidation, Bitcoin (BTC) and the general cryptocurrency market has recorded a short-term rally in reaction to positive inflation data on December 13. The rally has seen Bitcoin hit ...
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FTX Managed Critical Accounting Via Slack, New CEO Testifies
Now-bankrupt FTX may have experienced financial trouble for years before the public became aware, the exchange’s new CEO testified Tuesday. John Ray, who took over to handle the exchange’s restr...
Berkshire Hathaway Reduces Its Stake in Chinese Automaker BYD
Berkshire Hathaway made its first move to acquire BYD shares after the global financial crisis of 2008, stacking up $230 million worth of the stock at the time at an average price of HK$8 ($1.02). Ame...
The End of Bear – Trustnodes
2022 will probably be a year to forget for many, regardless of the niceness of its number. Inflation, strikes, a war on democracy, all assets rekt, and yet we’re sort of winning the war, inflation is ...
Wallet Dubbed “Marsbrothers.eth” Adds 336B Shiba Inu
– Advertisement – Shiba Inu Price Rebounds, As Whale adds Large Amount Of SHIB. A deep-pocketed Shiba Inu investor tagged “marsbrothers.eth” amassed a whopping $2.99 Million worth of SHIB ...
Cryptosat launches software for cryptographic satellite interaction simulation
Cryptosat, a startup that builds and launches low earth orbit (LEO) satellites that power blockchain and cryptographic protocols, has launched a simulating software for its Cryptosim software. The sim...
Finterest Raises $1.5 Million Seed Round to Build Crypto Lending Protocol
Investors Include Polychain and 9Yards Capital to Support Finterest’s Mission of Bringing Transparency to the Blockchain UNION CITY, Calif.–(BUSINESS WIRE)–Finterest, the first crypto lending protocol...
Binance may have billions stashed in secret reserves not disclosed to public – Sources
Binance’s publicly reported reserves may only be a fraction of all the assets it holds and the exchange has “more money than it is letting on,” a source told CryptoSlate, citing people familiar with t...
Here Are The Wildest Parts From Bankman-Fried’s SEC Allegations
(Bloomberg) — US authorities have alleged that fallen crypto maven Sam Bankman-Fried defrauded investors in his FTX empire, stealing billions of dollars as part of a “massive, years-long fraud” ...
Markets Climb As Inflation Keeps Cooling Off
Key Takeaways The CPI print for November came in today at 7.1%. The print is 0.6% lower than October’s, and 0.2% lower than expected. The crypto market reacted positively to the news, with BTC and ETH...
Input Output CEO On Spreading “Fake News” About RIpple’s Legal Battle With SEC
Rumors about Ripple’s legal battle with the Securities and Exchange Commission (SEC) are continuously spreading in the crypto market. Input Output (IOHK) CEO Charles Hoskinson reacted to David Gokhsht...
US Senator Jon Tester Says There’s No Reason Why Crypto Should Exist
US Senator Jon Tester says there is no useful purpose for crypto as the FTX collapse energizes talks to adopt federal crypto regulations. In a new interview with NBC’s Meet the Press host Chuck Todd, ...
Stader Labs Unveils Plan For A DeFi-friendly Liquid Staking
Stader Labs, a leading multi-chain liquid staking protocol, has announced that it is launching its liquid staking solution, ETHx for Ethereum. This week, Stader Labs published its vision for Ethereum ...
Visa: ZELF launches anonymous debit card eligible for crypto top-up
Visa is once again involved in launching an anonymous debit card eligible for crypto top-ups, thanks to a project by ZELF, a US-based fintech company. The card currently supports USD Coin (USDC), Teth...
Everything We Know About ‘The White Lotus’ Season 3 On HBO
The White Lotus HBO The White Lotus season 2 ended this Sunday with a finale that I’d consider living up to expectations, albeit it sacrificed a major character to do so. We already know that The Whit...
Ripple Vs. SEC: Here’s Why A Settlement Could Prove Disastrous
As people wait for the judgment in the lawsuit between Ripple and the SEC, the topic of conversation right now is all about the case. It has been much too much time. To be exact, two years had passed....
How To Avoid The Worst Sector Mutual Funds 4Q22
Notebook with mutual funds sign on a table. Business concept. getty Question: Why are there so many mutual funds? Answer: Mutual fund management is profitable, so Wall Street creates more products to ...
Cardano (ADA) And Polkadot (DOT) Recedes To The Hideaways (HDWY)….
The demise of FTX created unprecedented turmoil for Cardano (ADA) and Polkadot (DOT), causing the altcoins to lose their investors to The Hideaways (HDWY). The new generation investment has been makin...
Bankman-Fried considered closing Alameda in September
Sam Bankman-Fried contemplated closing Alameda Research in September, according to charges filed by the Commodity Futures Trading Commission. The disgraced former CEO reportedly drafted and sha...
Business as Usual Says CZ, Confirming Over $1 Billion Daily Withdrawals
Changpeng Zhao – CEO of Binance – said clients had withdrawn approximately $1.14 billion worth of crypto today (December 13) from the platform. The executive assured they handled the demand and that b...
Machine learning algorithm sets Solana price for December 31, 2022
As 2022 draws to a close, Solana (SOL) remains heavily impacted following the devastating meltdown of the crypto exchange platform FTX. With long-standing support from FTX founder Sam Bankman-Fried an...
SEC charges Sam Bankman-Fried for defrauding equity investors
Within a span of 24 hours, Sam Bankman-Fried has gone from being a free man to being locked up facing charges from multiple United States agencies. The U.S. Securities and Exchange Commission has char...
Cramer recommends caution as stocks rally on inflation data
S&P 500 opened more than 2.0% up this morning after the U.S. Bureau of Labour Statistics said consumer prices weren’t up as much as expected in November. Cramer reacts to the CPI print Versus a ye...
This Was Going On For Years
The current CEO of failed crypto exchange FTX, John Ray, showed his face and shed light on the company’s operations. Ray was appointed as part of the exchange’s bankruptcy proceeding to lead the inves...
Santander Is Ending All Payments to Crypto Exchanges
Santander – a UK-based financial institution – has announced it’s not going to allow any crypto exchange payments beginning in 2023. Thus, anyone who has a crypto wallet tied to their traditional bank...
Bitcoin price analysis: Bullish momentum heats up as BTC taps the $17,700 level
Recent Bitcoin price analysis reveals the cryptocurrency is making a strong move higher as it approaches the $17,700 level. The price spike has evolved after a period of consolidation of around $17,00...
Crypto Crash After SBF Arrest?
Binance Withdrawals: While the cryptocurrency market went into green territory following the news of SBF arrest, a new wave of undercurrent contagion seems to be spreading. It has been over a month no...
Crypto Sports Betting Sites Can Beat Illicit Betting From The Industry
FIFA World Cup Qatar 2022 is on a roll having already peaked a total viewers count to over 14 Million during Kylian Mbappe’s late winner against Australia. Sports events like this attract a lot of ind...
AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data – Market Updates Bitcoin News
Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets ha...